Renuka City Hotels PLC Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
February 14, 2019 at 06:18 am EST
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Renuka City Hotels PLC announced consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported revenue of INR 52,433,000 against INR 62,873,000 a year ago. Profit from operations was INR 15,461,000 against INR 71,505,000 a year ago. Profit for the period was INR 247,548,000 against INR 97,842,000 a year ago. Earnings per share was INR 35.36 against INR 13.98 a year ago.
For the nine months, the company reported revenue of INR 182,058,000 against INR 187,282,000 a year ago. Profit from operations was INR 86,661,000 against INR 122,973,000 a year ago. Profit for the period was INR 633,356,000 against INR 219,481,000 a year ago. Earnings per share was INR 90.48 against INR 31.35 a year ago.
Renuka City Hotels PLC is Sri Lanka-based company, which is engaged in the operation of a tourist hotel, which is located in Colombo. The Company's hotel has approximately 99 guest rooms, including over 20 deluxe rooms. It offers facilities including satellite television, business centers, free Wi-Fi, Airport Transfer, airport transfers, luggage storage, Eclipse bar, credit cards accepted, Air-conditioned, 24-hour room service, laundry and dry cleaning, foreign currency, encashment, gymnasium, free parking facilities, Palmyrah restaurant, doctor on call, 24-hour check-in, foreign language channels, Kids Pool available, infinity pool, kids channels available, spacious lounge, breakfast buffet, car rental, smoking room, concierge service, tour desk, wheelchair, accessible elevator, and 24-hour front desk. The Company's hotel has dining facility, which includes various bars and restaurant, including Eclipse Bar, Palmyrah Bar and Palmyrah Restaurant.
RENUKA CITY HOTELS PLC 
